The Russian Ministry of Industry and Trade says the bulk of the subsidies will be allocated to manufacturers with the most sales, with a significant amount provided to automakers with the highest levels of localization.
GM reportedly plans to resume sales of its entire Chevrolet range in Russia (Aveo, Captiva, Cruze and Lacetti) that virtually ended when the automaker shut down its plant in St. Petersburg last year. The automaker...
GM-AvtoVAZ displayed a new Niva concept at the 2014 Moscow auto show. But Russia’s financial crisis, marked by the ruble’s falling value and the effects of Western economic sanctions, prompted the JV to...
Domestic and foreign automakers operating in Russia also will be required to install the analogous European eCall system in their cars starting in March 2018.
In 2004, SUVs and CUVs accounted for only 12% of the Russian market, but their share has more than tripled since then to 38%. Analysts predict the segment’s share soon will reach 40% and not fall below that mark...
Industry and Trade Minister Denis Manturov says Russia plans to pattern its strategy after that of India, where European and U.S. automakers have opened more than 30 R&D centers.
Industry and Trade Minister Denis Manturov says some global automakers may follow General Motors and Ssangyong and abandon Russia after their agreements to assemble vehicles in the country expire in 2017-2018.
Russian automakers are expected to benefit most from the new prioritization of state subsidies, as will global companies that recently have signed agreements committing to higher levels of localized assembly and...
A GM Uzbekistan executive says the JV will pay particular attention to manufacturing SUVs and large urban sedans, but it also is devoting resources to producing a new version of the Chevrolet Aveo compact.
Longtime contract assembler Avtotor is launching a new automotive cluster in the Kaliningrad region with initial capacity of 100,000 cars and some may be BMW models.